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    Property profile & analytics

    48 Colonnade Way State College, PA 16803-2309

    • Retail space
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-3819039
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • HomeGoods / Outdoor Furniture Store / Bedding Store

    Property Details for 48 Colonnade Way

    Property type
    Retail space
    APN
    18-011-,016-,;002-
    APU
    18011016002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.9044
    Latitude
    40.8122
    CBSA code
    44300
    CBSA name
    STATE COLLEGE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $68,701
    $0.00
    $1,057,030
    $1,057,030
    -
    $0.00
    $2,114,060
    $2,114,060

    Comparable in this City

    • Value Estimation by Request

      331 Colonnade Blvd

      RETAIL STORES (PERSONAL SERVICES)
      331 Colonnade Blvd, State College, PA 16803-2321
      View Details
    • Value Estimation
      $325,000
      0.61 Acres

      1890 Atherton St

      RETAIL STORES (PERSONAL SERVICES) • 0.61 Acres
      1890 Atherton St, State College, PA 16803-1520
      View Details
    • Value Estimation by Request
      1.90 Acres

      223 Colonnade Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1.90 Acres
      223 Colonnade Blvd, State College, PA 16803-2668
      View Details
    • Value Estimation by Request
      3.41 Acres

      19 Colonnade Way

      RETAIL STORES (PERSONAL SERVICES) • 3.41 Acres
      19 Colonnade Way, State College, PA 16803-2319
      View Details
    • Value Estimation by Request
      3.43 Acres

      138 Vly Vis Dr

      RETAIL STORES (PERSONAL SERVICES) • 3.43 Acres
      138 Vly Vis Dr, State College, PA 16803-1141
      View Details
    • Value Estimation by Request

      State College, PA 16803

      RETAIL STORES (PERSONAL SERVICES)
      State College, PA 16803
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      68,633 SF

      Retail Space Near Penn State

      68,633 SF retail space in State College, PA.
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      State College Medical Office Building

      Class A medical office, owner-user opportunity.
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      Atherton Street Office Building

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    Similar Nearby for Lease

    • Contact for pricing
      23,250 SF

      Retail Space Near Penn State

      Dominant retail center in State College near Penn State University.
      Colonnade Blvd, State College, PA 16803
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      111,500 SF

      Northland Center Retail Space

      Prime State College Retail, Two Spaces Available
      255 Northland Ctr, State College, PA 16803
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      16,000 SF

      Atherton Street Retail Center

      State College prime retail space available.
      1430 Atherton St, State College, PA 16803
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      22,320 SF

      Mixed-Use Development Opportunity

      Proposed mixed-use development near Penn State University.
      132 Franklin Manor Ln, State College, PA 16803
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      68,000 SF

      State College Retail Center

      Prime Retail Space Available Now
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    • Contact for pricing
      261,891 SF

      State College Retail Space Available

      Prime Retail, Penn State Proximity
      0 Atherton St. & Vairo Blvd, State College, PA 16803
      View Details

    Property Visit Statistics

    • Visits by month
      37.5k
    • Visitors by month
      28.1k
    • Avg Time on site
      27 min
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    48 Colonnade Way
    State College, PA 16803-2309
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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